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49m ago

Salvagers Recover $1 Million in 1715 Fleet Coins Off Florida’s Treasure Coast

The company’s summer haul now moves into a supervised review that could send a state-selected share to public collections.

Gold and silver coins worth $1 million were recovered from a 1715 shipwreck off the coast of Florida.
A selection of silver coins recovered from Plate Fleet off Treasure Coast of Florida
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Overview

  • 1715 Fleet – Queens Jewels LLC reported recovering 1,051 silver reales and five gold escudos during its 2025 season.
  • Many coins carry mint marks and dates tying them to colonial mints in present-day Mexico, Peru and Bolivia.
  • A federal court has awarded the firm exclusive salvage rights to the wrecks, with distribution governed by Florida law.
  • Conservation and cataloguing are underway in the company’s archaeological lab using reverse electrolysis and detailed inventorying.
  • Florida typically retains up to roughly 20% of archaeological finds for research or display, with the rest divided among the salvagers and subcontractors.